Home Health & Hospice Week
Humana Plans To Sell Stake In Hospice, Personal Care Units For Whopping $2.8 Billion
The home health and hospice landscape continues to shift with major M&A activity. Case in point: Humana Inc. has signed a definitive agreement with private investment firm Clayton, Dubilier & Rice to sell the firm a majority interest in the Hospice and Personal Care divisions of Humana’s Kindred at Home subsidiary for about $2.8 billion in cash, the Louisville, Kentucky-based behemoth says in a release. “Humana had previously indicated its intent to divest a majority stake in these non-core businesses when it acquired the remaining interest in Kindred at Home in April 2021,” the company notes. “While palliative and hospice services are important components in the continuum of care that Humana offers patients, we are confident that we can deliver desired patient outcomes and improved customer experiences through partnership models rather than fully owning KAH Hospice,” Humana CFO Susan Diamond says in the release. Humana intends to use proceeds from the transaction for the repayment of debt and share repurchases, it says.
Home Health & Hospice Week
- Value-Based Purchasing:
Beware These VBP Challenges As New Payment Model Approaches
‘Many agencies don’t even know where to start,’ expert says of VBP prep. As Home [...] - Quality:
Cohort Designations May Make Or Break Your VBP Experience
Small fish in the big cohort pond are at risk of floundering, as are agencies [...] - Regulations:
Learn Your New Value-Based Purchasing Language
Know your TNC from your TPS, or you may be SOL. You might have your [...] - Compliance:
OIG Gives Stamp Of Approval To Furnishing Free Smartphones For Telehealth — But With Restrictions
When can you hand out a smart device for telehealth, and when can’t you? New [...] - Billing:
Ignore Surprise Billing Requirements At Your Peril
You have obligations under the sprawling regulation, trade group advises. If you think the No [...] - Industry Notes:
Care Compare Problems Expand
You may want to double-check your Quality of Patient Care Star Rating in light of [...] - Industry Notes:
Here's What's Drawing TPE Review To Hospices' Doorsteps
If you’re wondering what’s putting a target on hospices’ backs, some comments at a recent [...] - Industry Notes:
Humana Plans To Sell Stake In Hospice, Personal Care Units For Whopping $2.8 Billion
The home health and hospice landscape continues to shift with major M&A activity. Case in [...] - Industry Notes:
13-State Hospice Chain Makes Dallas Buy
Bristol Hospice has made another acquisition, this time in Dallas. Salt Lake City-based Bristol has [...] - Industry Notes:
Nonprofits Plan To Join Forces In Maryland
Hospice of the Chesapeake based in Pasadena, Maryland, is in the process of acquiring nonprofit [...] - Industry Notes:
MAC Clarifies What MA Plans Must Cover In Hospice VBID Model
As the Value-Based Insurance Design Model’s hospice carve-in rolls on, hospices are getting more feedback [...]
